The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $130 million loan against 90 Hudson St in Jersey City, NJ, could soon take title to the 431,658-square-foot office building Servicer notes compiled by Trepp Inc indicate that the...
Commercial Real Estate Direct Staff Report Palisades Center Mall in New York’s Rockland County is scheduled to be sold at a foreclosure auction on Feb 4 News of the pending foreclosure auction was reported first by the Rockland County Business...
Gothamist The judge overseeing the bankruptcy of 93 apartment buildings with 5,100 units in New York City has blocked an effort by the city’s newly inaugurated mayor to delay a proposed sale of the properties by 30 days Mayor Zohran...
Commercial Real Estate Direct Staff Report Office Properties Income Trust, which last year expressed doubt about its ability to continue as a going concern, has filed for bankruptcy The filing was made in October in the US Bankruptcy Court for the...
Commercial Real Estate Direct Staff Report American Strategic Investment Co has agreed to turn over to its lender the 247,182-square-foot 1140 Ave of the Americas office building in Midtown Manhattan through a consensual foreclosure The action was...
Commercial Real Estate Direct Staff Report The $3243 million CMBS loan against the 151-unit Brush Factory Lofts apartment property in South Philadelphia, which has been chronically delinquent, was recently reclassified as being in foreclosure The...
Commercial Real Estate Direct Staff Report Franklin BSP Realty Trust has taken Tides on Westcreek, a 269-unit apartment property in Fort Worth, Texas, through foreclosure The property, at 6776 Westcreek Drive, was owned by Tides Equities,...
Charlotte Business Journal Mesa West Capital has taken through foreclosure the Towers at SouthPark, a 430,000-square-foot office complex in Charlotte, NC The Los Angeles private equity firm had provided $1678 million of debt against the...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
